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Declining inflation is increasing real wages

Declining inflation is increasing real wages

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: This week’s Chart of the Week features an excerpt from our latest Chartbook, a mammoth Yahoo Finance project in which dozens of economists and strategists send us a key chart and say why it’s important. We’ve been featuring them in editions of our Morning Brief newsletter all week. The almost three dozen charts and explanations tell the story of a strong market and… Source link

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Trump ‘believes’ he’ll be convicted of overturning 2020 US election in trial this year

Trump ‘believes’ he’ll be convicted of overturning 2020 US election in trial this year

Donald Trump reportedly believes he will be convicted of attempting to overturn the result of the 2020 election in a trial later this year. The former president expects a jury in Washington DC will find him guilty of conspiring to “defraud the American people” on four charges that carry a maximum sentence of 20 years in prison, Axios reported on Friday, citing unnamed sources. Such a verdict could throw his reelection campaign into disarray. The trial was scheduled to begin on March 4 and… Source link

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Stock Bull Run Powers Ahead as US Economy Roars: Markets Wrap

Stock Bull Run Powers Ahead as US Economy Roars: Markets Wrap

(Bloomberg) — The stock market extended this week’s gains as big tech rallied and a solid jobs report bolstered the outlook for corporate profits. Most Read from Bloomberg Equities hit all-time highs, with the S&P 500 approaching 5,000 and the Nasdaq 100 up 1.7% on bullish outlooks from Meta Platforms Inc. and Amazon.com Inc. Economic optimism outweighed bets the Federal Reserve will be in no rush to cut rates. Treasury two-year yields jumped 16 basis points to 4.36%. The dollar climbed to… Source link

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